Mulvaney disbands BCFP’s credit union advisory council

June 6, 2018 -- After postponing recent meetings, Bureau of Consumer Financial Protection (BCFP) Acting Director Mick Mulvaney, announced today that the agency was disbanding its Credit Union Advisory Council and two other boards. The Bureau will reorganize the boards into smaller groups, with new members, selected through an application process that began earlier this year.

In a statement, the Bureau notes the changes will “enhance its ability to hear from consumer, civil rights, and industry groups on a more regular basis.”

In addition to the groups, the Bureau will engage with the public and stakeholders by holding regional town halls, roundtable discussions with consumer finance experts and representatives, regional roundtables, and regular national calls.